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Initiation
Columbus McKinnon initiated with a Neutral at DA Davidson » 07:54
07/15/20
07/15
07:54
07/15/20
07:54
CMCO

Columbus McKinnon

$33.43 /

+1.1 (+3.40%)

DA Davidson analyst Matt…

DA Davidson analyst Matt Summerville initiated coverage of Columbus McKinnon with a Neutral rating and $35 price target. The analyst is positive on the company's "Blueprint For Growth" strategy and its execution, but he also cites its underleveraged balance sheet and free cash flow profile that make it difficult to picture a V-shaped recovery in its end markets. Summerville adds that Columbus McKinnon's business correlates to industrial production and capacity utilization trends in North America and Europe, stating that a "more rapid recovery" may be need to sustain the company's multiple expansion.

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CMCO Columbus McKinnon
$33.43 /

+1.1 (+3.40%)

CMCO Columbus McKinnon
$33.43 /

+1.1 (+3.40%)

06/30/20 Barrington
Columbus McKinnon price target raised to $36 from $34 at Barrington
04/30/20 Sidoti
Columbus McKinnon downgraded to Neutral on customers' budget cuts at Sidoti
04/30/20 Sidoti
Columbus McKinnon downgraded to Neutral from Buy at Sidoti
04/15/20 Barrington
Columbus McKinnon price target lowered to $34 from $40 at Barrington
CMCO Columbus McKinnon
$33.43 /

+1.1 (+3.40%)

Over a week ago
Recommendations
Columbus McKinnon price target raised to $36 from $34 at Barrington » 14:28
06/30/20
06/30
14:28
06/30/20
14:28
CMCO

Columbus McKinnon

$33.16 /

+1.13 (+3.53%)

Barrington analyst…

Barrington analyst Christopher Howe raised the firm's price target on Columbus McKinnon to $36 from $34 and keeps an Outperform rating on the shares following recent virtual meetings with management. With CEO David Wilson at the helm, the company's margin and earnings improvement are still in the early innings, Howe tells investors in a research note. The analyst believes Columbus will be rewarded for these efforts via multiple expansion and share price accretion as the "market shifts its paradigm away from its traditional perception of the company."

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CMCO Columbus McKinnon
$33.16 /

+1.13 (+3.53%)

CMCO Columbus McKinnon
$33.16 /

+1.13 (+3.53%)

04/30/20 Sidoti
Columbus McKinnon downgraded to Neutral on customers' budget cuts at Sidoti
04/30/20 Sidoti
Columbus McKinnon downgraded to Neutral from Buy at Sidoti
04/15/20 Barrington
Columbus McKinnon price target lowered to $34 from $40 at Barrington
04/15/20 Craig-Hallum
Columbus McKinnon price target lowered to $36 from $48 at Craig-Hallum
CMCO Columbus McKinnon
$33.16 /

+1.13 (+3.53%)

Conference/Events
Columbus McKinnon management to meet virtually with Sidoti » 04:55
06/29/20
06/29
04:55
06/29/20
04:55
CMCO

Columbus McKinnon

$31.86 /

+1.02 (+3.31%)

Virtual Meeting to be…

Virtual Meeting to be held on June 29 hosted by Sidoti.

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CMCO Columbus McKinnon
$31.86 /

+1.02 (+3.31%)

CMCO Columbus McKinnon
$31.86 /

+1.02 (+3.31%)

04/30/20 Sidoti
Columbus McKinnon downgraded to Neutral on customers' budget cuts at Sidoti
04/30/20 Sidoti
Columbus McKinnon downgraded to Neutral from Buy at Sidoti
04/15/20 Barrington
Columbus McKinnon price target lowered to $34 from $40 at Barrington
04/15/20 Craig-Hallum
Columbus McKinnon price target lowered to $36 from $48 at Craig-Hallum
CMCO Columbus McKinnon
$31.86 /

+1.02 (+3.31%)

Conference/Events
Columbus McKinnon management to meet virtually with Sidoti » 09:23
06/22/20
06/22
09:23
06/22/20
09:23
CMCO

Columbus McKinnon

$30.01 /

-0.62 (-2.02%)

Virtual Meeting to be…

Virtual Meeting to be held on June 29 hosted by Sidoti.

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CMCO Columbus McKinnon
$30.01 /

-0.62 (-2.02%)

CMCO Columbus McKinnon
$30.01 /

-0.62 (-2.02%)

04/30/20 Sidoti
Columbus McKinnon downgraded to Neutral on customers' budget cuts at Sidoti
04/30/20 Sidoti
Columbus McKinnon downgraded to Neutral from Buy at Sidoti
04/15/20 Barrington
Columbus McKinnon price target lowered to $34 from $40 at Barrington
04/15/20 Craig-Hallum
Columbus McKinnon price target lowered to $36 from $48 at Craig-Hallum
CMCO Columbus McKinnon
$30.01 /

-0.62 (-2.02%)

Over a month ago
Earnings
Columbus McKinnon expects Q1 revenue $130M-$140M, consensus $149.23M » 06:34
05/27/20
05/27
06:34
05/27/20
06:34
CMCO

Columbus McKinnon

$28.08 /

+1.7 (+6.44%)

Q1 guidance is above…

Q1 guidance is above breakeven. Given the actions taken to reduce costs, the company expects income from operations would be at breakeven levels if revenue were to decline by 35% from 4Q20.

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CMCO Columbus McKinnon
$28.08 /

+1.7 (+6.44%)

CMCO Columbus McKinnon
$28.08 /

+1.7 (+6.44%)

04/30/20 Sidoti
Columbus McKinnon downgraded to Neutral on customers' budget cuts at Sidoti
04/30/20 Sidoti
Columbus McKinnon downgraded to Neutral from Buy at Sidoti
04/15/20 Barrington
Columbus McKinnon price target lowered to $34 from $40 at Barrington
04/15/20 Craig-Hallum
Columbus McKinnon price target lowered to $36 from $48 at Craig-Hallum
CMCO Columbus McKinnon
$28.08 /

+1.7 (+6.44%)

Earnings
Columbus McKinnon reports Q4 adjusted EPS 58c, consensus 46c » 06:32
05/27/20
05/27
06:32
05/27/20
06:32
CMCO

Columbus McKinnon

$28.08 /

+1.7 (+6.44%)

Reports Q4 revenue down…

Reports Q4 revenue down 12.6% to $189.5M, consensus $186.59M. Interim CEO Richard Fleming commented, "We demonstrated the power of our Blueprint for Growth strategy throughout fiscal 2020 with expanded margins despite slowing demand. However, in March the COVID-19 pandemic required us to rapidly implement actions to flex production levels and reduce costs to address the significant decline in demand we are now experiencing. Importantly, we have an excellent capital structure, strong cash generation and sufficient liquidity that will allow us to navigate these uncertain times while continuing to invest in select, strategic initiatives that we believe will enhance our competitive advantages and drive future growth."

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CMCO Columbus McKinnon
$28.08 /

+1.7 (+6.44%)

CMCO Columbus McKinnon
$28.08 /

+1.7 (+6.44%)

04/30/20 Sidoti
Columbus McKinnon downgraded to Neutral on customers' budget cuts at Sidoti
04/30/20 Sidoti
Columbus McKinnon downgraded to Neutral from Buy at Sidoti
04/15/20 Barrington
Columbus McKinnon price target lowered to $34 from $40 at Barrington
04/15/20 Craig-Hallum
Columbus McKinnon price target lowered to $36 from $48 at Craig-Hallum
CMCO Columbus McKinnon
$28.08 /

+1.7 (+6.44%)

Hot Stocks
Columbus McKinnon names David Wilson as President and CEO » 16:33
05/14/20
05/14
16:33
05/14/20
16:33
CMCO

Columbus McKinnon

$22.93 /

-0.55 (-2.34%)

, FLS

Flowserve

$22.91 /

+0.7 (+3.15%)

Columbus McKinnon…

Columbus McKinnon announced that its board has appointed David J. Wilson as President and CEO effective June 1, 2020. In conjunction with his appointment, Mr. Wilson will also be elected to serve on the Board of Directors of the Company. Mr. Wilson is the president of the Pumps Division of Flowserve Corporation (FLS), a provider of flow control products and services for the global infrastructure markets.

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FLS Flowserve
$22.91 /

+0.7 (+3.15%)

CMCO Columbus McKinnon
$22.93 /

-0.55 (-2.34%)

CMCO Columbus McKinnon
$22.93 /

-0.55 (-2.34%)

04/30/20 Sidoti
Columbus McKinnon downgraded to Neutral on customers' budget cuts at Sidoti
04/30/20 Sidoti
Columbus McKinnon downgraded to Neutral from Buy at Sidoti
04/15/20 Barrington
Columbus McKinnon price target lowered to $34 from $40 at Barrington
04/15/20 Craig-Hallum
Columbus McKinnon price target lowered to $36 from $48 at Craig-Hallum
FLS Flowserve
$22.91 /

+0.7 (+3.15%)

04/17/20
Fly Intel: Top five analyst downgrades
04/17/20 Jefferies
Flowserve reinstated with a Hold from Buy at Jefferies
03/26/20 Cowen
Flowserve price target lowered to $30 from $55 at Cowen
03/25/20 Vertical Research
Flowserve downgraded to Hold from Buy at Vertical Research
FLS Flowserve
$22.91 /

+0.7 (+3.15%)

CMCO Columbus McKinnon
$22.93 /

-0.55 (-2.34%)

FLS Flowserve
$22.91 /

+0.7 (+3.15%)

FLS Flowserve
$22.91 /

+0.7 (+3.15%)

Downgrade
Columbus McKinnon downgraded to Neutral on customers' budget cuts at Sidoti » 08:52
04/30/20
04/30
08:52
04/30/20
08:52
CMCO

Columbus McKinnon

$29.22 /

+2.63 (+9.89%)

Sidoti analyst Joseph…

Sidoti analyst Joseph Mondillo downgraded Columbus McKinnon to Neutral from Buy with an unchanged price target of $28. Customer facilities utilization rates and customer capital expenditures budgets, which are the "two most impactful economic drivers to Columbus' business," have fallen sharply and will recover slowly, Mondillo tells investors. He estimates Columbus' average customer will be cutting 2020 capex budgets by 30% and does not assume 2021 budgets will rebound to 2019 levels, the analyst added.

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CMCO Columbus McKinnon
$29.22 /

+2.63 (+9.89%)

04/30/20 Sidoti
Columbus McKinnon downgraded to Neutral from Buy at Sidoti
04/15/20 Barrington
Columbus McKinnon price target lowered to $34 from $40 at Barrington
04/15/20 Craig-Hallum
Columbus McKinnon price target lowered to $36 from $48 at Craig-Hallum
01/07/20 Barrington
Adtalem, Tivity, Virtusa among Barrington's Best Ideas for 2020
Downgrade
Columbus McKinnon downgraded to Neutral from Buy at Sidoti » 08:37
04/30/20
04/30
08:37
04/30/20
08:37
CMCO

Columbus McKinnon

$29.22 /

+2.63 (+9.89%)

Sidoti analyst Joseph…

Sidoti analyst Joseph Mondillo downgraded Columbus McKinnon to Neutral from Buy with a $28 price target.

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CMCO Columbus McKinnon
$29.22 /

+2.63 (+9.89%)

04/15/20 Barrington
Columbus McKinnon price target lowered to $34 from $40 at Barrington
04/15/20 Craig-Hallum
Columbus McKinnon price target lowered to $36 from $48 at Craig-Hallum
01/07/20 Barrington
Adtalem, Tivity, Virtusa among Barrington's Best Ideas for 2020
12/17/19 Barrington
Columbus McKinnon initiated with an Outperform at Barrington
Over a quarter ago
Recommendations
Columbus McKinnon price target lowered to $34 from $40 at Barrington » 11:44
04/15/20
04/15
11:44
04/15/20
11:44
CMCO

Columbus McKinnon

$23.34 /

-0.89 (-3.67%)

Barrington analyst…

Barrington analyst Christopher Howe lowered the firm's price target on Columbus McKinnon to $34 from $40 and keeps an Outperform rating on the shares after the company provided preliminary Q4 results and provided a cost savings update in response to COVID-19. Howe said he revised his fiscal 2021 estimates on Columbus McKinnon, as he anticipates the ongoing pandemic to have a material impact on Q1 followed by a move towards stabilization throughout the remainder of the fiscal year. The analyst added that he cut his price target to better reflect the pressured industry environment.

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CMCO Columbus McKinnon
$23.34 /

-0.89 (-3.67%)

04/15/20 Craig-Hallum
Columbus McKinnon price target lowered to $36 from $48 at Craig-Hallum
01/07/20 Barrington
Adtalem, Tivity, Virtusa among Barrington's Best Ideas for 2020
12/17/19 Barrington
Columbus McKinnon initiated with an Outperform at Barrington
08/27/19
Columbus McKinnon initiated with a Buy at Dougherty

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